The salary statistics and trend of loan officers in the industry of other insurance related activities are shown in the following tables and chart. In Table 3 we compare loan officer salaries in different industries within the finance and insurance sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $51,150 |
| 25th Percentile Wage | $64,370 |
| 50th Percentile Wage | $79,750 |
| 75th Percentile Wage | $111,830 |
| 90th Percentile Wage | $160,320 |
Table 1 shows the average annual salaries for loan officers in the industry of other insurance related activities. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) loan officers is $160,320. The median annual salary (50th percentile) is $79,750. The average annual salary for the bottom 10 percent loan officers is $51,150.
The table and chart below show the trend of the median salary of loan officers in the industry of Other Insurance Related Activities from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $79,750 | 23.46% | 23.46% |
| 2016 | $61,040 | -30.49% | - |
| 2015 | $79,650 | 38.10% | - |
| 2014 | $49,300 | -23.81% | - |
| 2012 | $61,040 | - | - |
The average salaries of loan officers in 19 industries within the finance and insurance sector are shown in Table 3. For salary information of loan officers in a specific industry, use the links in the table.
Back to: Salary of loan officers in the industry sector of finance and insurance.